Gabelli Healthcare & WellnessRx Trust Announces the Offering of $40 Million of 4.00% Series E Cumulative Preferred Shares
15 Ottobre 2021 - 7:38PM
Business Wire
The Board of Trustees of The Gabelli Healthcare & WellnessRx
Trust (NYSE:GRX) (the “Fund”) is pleased to announce the issuance
of four million 4.00% Series E Cumulative Preferred Shares (“Series
E Preferred”) with an aggregate liquidation value of $40
million.
The Series E Preferred is non-callable until December 26, 2024,
and has a liquidation preference of $10 per share. Distributions
are scheduled to be paid quarterly beginning on December 26,
2021.
The Board of Trustees would like to thank all participants in
the offering.
Investors should carefully consider the investment objectives,
risks, charges, and expenses of the Fund before investing. More
information regarding this and other information about the Fund is
available by calling 800-GABELLI (800-422-3554) or visiting
www.gabelli.com.
About The Gabelli Healthcare & WellnessRx Trust
The Gabelli Healthcare & WellnessRx Trust is a diversified,
closed-end management investment company with $337 million in total
net assets whose primary investment objective is long-term growth
of capital. The Fund is managed by Gabelli Funds, LLC, a subsidiary
of GAMCO Investors, Inc. (NYSE:GBL).
NYSE: GRX CUSIP – 36246K103
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version on businesswire.com: https://www.businesswire.com/news/home/20211015005580/en/
Investor Relations Contact: Bethany Uhlein 914.921.5546
buhlein@gabelli.com
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